Don't let it get away!

Deere (NYSE: DE) continues to plow straight ahead with its dividend. The company has declared its latest disbursement, which is to be $0.51 per share paid on November 1 to shareholders of record as of September 30. That amount matches both of the firm's previous two distributions, the most recent of which was paid at the beginning of this month. Prior to that, Deere handed out $0.46 per share.

The company is one of the more storied and consistent dividend payers on the New York Stock Exchange. It has handed out a distribution since 1971.

The just-declared dividend annualizes to $2.04 per share. That yields 2.4% at Deere's current stock price of $84.41.

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Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.